Pre-market Podcast – By Marcus
Busy week ahead – Fed Meeting, Jobs Numbers, Bank sector Results, Big Tech Results
Busy week ahead – Fed Meeting, Jobs Numbers, Bank sector Results, Big Tech Results
SUMMARY No change to SFR. Up 0.8% on Friday but missed out on the big gains seen by 29M. Increasing stop loss from 3xATR to 2xATR. Glad we got out of SNAS. Maybe time for LNAS once Amazon results out of the way. Oil up a touch of the weekend. No change to BPT. Will…
Busy week ahead. NASDAQ prints a green brick. Banks – NAB and MQG results this week. Should be good. BHP having to pay up – good for RIO and FMG short term. Not good for BHP. Fed Meeting messaging should remain the same. US Jobs numbers Friday. ADP Wednesday. JOLTS Tuesday. Apple and Amazon to finish off the Big Tech results.
Wall St had a strong session on Friday night, all three major indices closed higher on solid results from Microsoft (+1.8%) and Alphabet (+10%). The Dow Jones rose 154 points (0.4%), the S&P 500 was up 1.02% and the NASDAQ led by Microsoft and Alphabet was predictably up 2.03%. Other tech stocks such as Amazon…
In 2022 we surveyed you all and asked "What Smart Financial Advice do you have for other Marcus Today Members learned from experience". Here are your replies. Not sure all of them are good advice but you might get some value out of it. Selling APT at $12 in 2020 was too early… ? 80%…
Good Morning everyone. Please click on the Members Survey if you get a couple of minutes (there's another link at the end). Your opportunity to send the newsletter in the right direction. Thanks for your time. Henry is reporting in from the Perth Members meeting at the Lucky Shag pub last night. 50 Members –…
SUMMARY – A lot going on. Glad we’re not holding BHP as it makes a huge bid. Talk of three rates rises from the RBA after that CPI number. Big Australia bends. Big US Tech holds. The PCE Price index number tonight could just be the number that breaks the bond market’s back. Newmont paves…
Portfolio additions. DRO and KGN.
AZS wobbles on FIRB concerns.
Thoughts on Tesla
Education Corner – What are Futures?
See you in Perth. Back Wednesday.
The ASX200 has finished the week down 107 points (-1.4%) to 7576. Rate sensitive Real Estate and Industrials were the worst performers ahead of the US PCE inflation data tonight and talk in the newswires of three rate rises now in Australia before the year is out. TCL was hit 3.6%, GMG down 1.8% and…